Introducing Lost Canyon Lake, a truly unique and remarkable property! This one-of-a-kind gem is nestled on 40+/- acres and features a large, private lake, offering breathtaking views of the La Plata Mountains. The lake is surrounded by towering pines, providing an abundance of fantastic building sites for your dream home or retreat. Wildlife enthusiasts will be thrilled by the diverse array of animals that inhabit the area, from majestic elk and deer and countless bird species. The views are truly unparalleled, with panoramic vistas of the surrounding mountains and forests. Imagine waking up every morning to the sight of the sun rising over the majestic La Plata Mountains, casting its golden rays on the tranquil waters of the lake. Evenings bring the opportunity to witness stunning sunsets, painting the sky with vibrant hues as the day comes to a close. Recreational opportunities at Lost Canyon Lake are virtually limitless. Enjoy fishing, kayaking, or canoeing on the serene lake, or explore the surrounding wilderness by taking leisurely hikes or challenging mountain bike rides through the scenic landscape. Winter months offer the chance for snowshoeing, cross-country skiing, and snowmobiling, providing year-round enjoyment for outdoor enthusiasts. This exceptional property comes with 106 acre-feet of decreed water rights, along with 1 1/2 shares of Summit Irrigation. With no HOA or covenants, you have the freedom to create your own private mountain haven, tailored to your specific desires and lifestyle. Lost Canyon Lake is a truly extraordinary property, offering privacy, stunning views, and endless recreational possibilities. While created for privacy, you are still only minutes from conveniences, 10 minutes to Mancos, and only 25 minutes to downtown Durango. You are also centrally located for incredible skiing at Telluride and Purgatory Resort and 30 minutes from fishing in the Dolores River or boating on McPhee Reservoir. For the discerning buyer seeking an unparalleled mountain retreat, this is an opportunity not to be missed.